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(RicoAuto) Rico Auto complete technical analysis [charts+indicators] | Buy/Sell Rico Auto | (RicoAuto) share price targets

Complete technical analysis of Rico Auto (RicoAuto) by charts plus indicators, forecast predictions and share price targets for Rico Auto (RicoAuto)

Showing technical analysis as on 2022-05-16 View latest technical analysis

10 day averaged volume of Rico Auto is 66264

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 33.00 33.35 33.40 32.40 0.652 times
13 Fri May 2022 32.75 32.90 33.75 32.55 0.584 times
12 Thu May 2022 32.35 32.25 32.90 32.00 1.234 times
11 Wed May 2022 33.00 34.90 35.10 32.25 0.811 times
10 Tue May 2022 34.65 35.40 35.85 34.30 0.69 times
09 Mon May 2022 35.00 36.45 36.45 34.40 1.274 times
06 Fri May 2022 36.05 37.50 37.50 35.50 0.697 times
05 Thu May 2022 37.50 37.40 38.60 37.40 0.817 times
04 Wed May 2022 37.70 37.85 39.50 37.25 1.239 times
02 Mon May 2022 37.55 38.00 38.00 37.00 0.862 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.2, but if it comes above 34.2, then a intra day buy could be more profitable.
If you take a sell trade below 34.2, then use 34.2 as stoploss and 31.4 as target. However if you take a buy trade in stock , then use 34.2 as stoploss and 36.45 as target.

Share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Target 31.20
Downside Target 32.00
Upside Target 33.40
Upside Target 34.25
Upside Target 35.35
Upside Target 36.45
Upside Target 39.50
Upside Target 40.55
Upside Target 41.95
Upside Target 42.80
Upside Target 46.00
Upside Target 49.45

Intraday share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Intraday Target 32.47
Downside Intraday Target 31.93
Upside Intraday Target 33.47
Upside Intraday Target 33.93
Downside Intraday Target 32.93

Weekly technical analysis of Rico Auto (RicoAuto)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 33.00 33.35 33.40 32.40 0.142 times
13 Fri May 2022 32.75 36.45 36.45 32.00 1.27 times
06 Fri May 2022 36.05 38.00 39.50 35.50 0.341 times
29 Fri Apr 2022 38.05 38.50 41.95 37.05 1.395 times
22 Fri Apr 2022 39.00 37.25 40.55 35.35 0.855 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Rico Auto (RicoAuto)

Date Monthly Closing Price Open High Low Volume
16 Mon May 2022 33.00 38.00 39.50 32.00 0.278 times
29 Fri Apr 2022 38.05 32.00 41.95 32.00 1.298 times
31 Thu Mar 2022 31.60 36.50 37.10 31.20 2.017 times
28 Mon Feb 2022 36.35 43.80 46.00 34.25 0.44 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rico Auto (RicoAuto)

Indicator Name Indicator Value Indicator Signal
ADX 18, 26, 19 Sell
MACD -2, -1Sell
Stochastics 9Sell
CCI -82Sell
RSI 48Sell
OBV 434255Sell
VWAP 35Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Rico Auto ( (RicoAuto) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rico Auto ( (RicoAuto) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rico Auto ( (RicoAuto) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Rico Auto ( (RicoAuto) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rico Auto stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rico Auto in short term and the sell signal is strong.

Rico Auto Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Rico Auto in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Rico Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.06 and Rico Auto (RicoAuto) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Rico Auto (RicoAuto) stock. Volume based technical analysis of Rico Auto (RicoAuto) stock is negative.

Rico Auto Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rico Auto charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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